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Panalpina controls costs in dull market
29/Jul/2015 by Thomas Cullen.
Another forwarder battered by the rise of the Swiss Franc, Panalpina
appeared to have inched ahead in terms of underlying profits over the past half-year.... read more
Changes for Flextronics
26/Jul/2015 by Cathy Roberson.
Adapting to change is nothing new for Flextronics. The company which made a name for itself in the heyday of outsourced high tech manufacturing during the early 2000s is looking to do it once again.... read more
CPG giant moves further into China
23/Jul/2015 by Cathy Roberson.
Unilever reported lackluster earnings for the first half of 2015 as demand in emerging markets “remains weak”. But the company is moving in to a new partnership with Alibaba that it hopes will spur its growth across China.... read more
Poste Italiane floats in tough market
21/Jul/2015 by Thomas Cullen.
Investors are being courted by the Italian government for a 40% stake in Poste Italiane
, the state-owned postal monopoly.... read more
Ebay returns to its roots as Paypal spins off and Enterprise is sold
20/Jul/2015 by Cathy Roberson.
Along with eBay’s recent quarterly earnings announcement of revenues up 7%, came word that its Paypal division will begin reporting separately and its Enterprise group had been sold for $925m. As a result, eBay will return to its pre-2002 core business – eBay Marketplaces.... read more
Worldwide Logistics Group and NAWAH alliance expands capabilities to Iraq
16/Jul/2015 by Cathy Roberson.
Iraq is looking towards China for investments as it struggles with slow economic growth, global declines in oil prices and its war against Islamic State militants. Trade between the two countries has been growing in recent years and now Chinese companies are moving in.... read more
The economic implications of Calais chaos
15/Jul/2015 by Thomas Cullen.
The goings-on at Calais are becoming a problem for the British economy. The public perception is focused on the apparent inability of the French authorities to keep order, however the effects on the economy may increase beyond the estimated £1bn if the chaos continues. In particular the road freight sector may be hit hard.... read more
K+N profits in the face of volatility, yet contract logistics hammered
15/Jul/2015 by Thomas Cullen.
Kuehne and Nagel’s half yearly results demonstrate how the company has modified its approach to the ocean container freight forwarding market.... read more
Kansas City’s rise to major logistics hub
13/Jul/2015 by Cathy Roberson.
Kansas City has fast become a major logistics hub. In fact, according to the Journal of Commerce, Kansas City is the largest US freight hub in terms of tonnage. It can reach 85% of the US population within two days and has access connections to five Class I railroads.... read more
Asian rail networks expand further
09/Jul/2015 by Cathy Roberson.
In June, China’s CITIC Ltd., announced that its banking, securities, trust and construction divisions will invest more than C¥700bn ($112.79bn) to support China's "One Belt, One Road" initiative.... read more
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